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Day: July 3, 2010
July 32010
Significant Decline of Australian Dollar This Week
The Australian dollar experienced the significant losses this week on the concerns for the new mining tax, which, while eased somewhat, didn’t go away completely. The Aussie was falling against the U.S. dollar for the whole week, except for the Thursday, and ended noticeably lower than the opening level. Against the euro, the Australian currency has rose on Monday, but for the rest of the week it was steadily falling. The Australian dollar was also falling versus […]
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July 32010
Forex Technical Analysis for Week 07/05—07/09
EUR/USD trend: hold. GBP/USD trend: buy. USD/JPY trend: sell. EUR/JPY trend: sell. GBP/JPY trend: hold. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.1804 1.1978 1.2263 1.2437 1.2722 1.2896 1.3181 GBP/USD 1.4613 1.4743 1.4968 1.5098 1.5323 1.5453 1.5678 USD/JPY 84.19 85.58 86.68 88.07 89.17 90.56 […]
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